Dec.05 -- KKR's Head of Media and Communications Richard Sarnoff discusses the future of media m&a and the company's investments. He speaks with Bloomberg's David Westin on "Bloomberg Daybreak: Americas."

TOKYO/HONG KONG, Dec 13 (Reuters) - Blackstone Group has hired seasoned dealmaker Atsuhiko Sakamoto from Bain Capital to build a corporate buyout team in Japan in a bid to broaden its focus beyond property deals in the country, people with knowledge of the matter said. Sakamoto, who has been with Bain since 2007 and most recently as a managing director, focused on the tech, media and telecoms sectors, according to Bain's website.

KKR & Co. is teaming up with FS Investments to form a "business development company" (BDC) with $18 billion in assets under management. “As the market has evolved, we’ve recognized the need to also evolve our approach to the business and we believe this partnership with KKR provides the scale, infrastructure and credit expertise necessary to succeed as an investor in the private credit markets,” said FS chairman and CEO Michael Forman. As part of the agreement, various FSIC funds will be able to co-invest with KKR’s other funds and accounts.

Optiv Security, a market-leading provider of end-to-end cyber security solutions, today announced the general availability of Optiv Secure Coding Powered by CA Veracode, a leader in securing the world’s software and acquired by CA Technologies .

PHILADELPHIA and NEW YORK, Dec. 11, 2017 /PRNewswire/ -- FS Investments, a leading alternative investment manager, and KKR, a leading global investment firm, today announced that they have entered into an agreement to create the largest business development company (BDC) platform, with $18 billion in combined assets under management. The platform will offer differentiated origination capabilities and expertise in capital markets that provides sponsors and corporates with broad product solutions and delivers value to investors through enhanced deal flow and expanded proprietary investment opportunities. "As the market has evolved, we've recognized the need to also evolve our approach to the business and we believe this partnership with KKR provides the scale, infrastructure and credit expertise necessary to succeed as an investor in the private credit markets," said Michael Forman, Chairman and Chief Executive Officer of FS Investments.

U.S. buyout fund KKR & Co LP managed a successful tender offer for Japanese semiconductor equipment maker Hitachi Kokusai Electric Inc by a razor-thin margin, winning 24.9 percent of the company, statements from the companies showed on Saturday. KKR had sought at least about 24 percent of Hitachi Kokusai at 3,132 yen each in a contentious tender offer that closed on Friday. Parent Hitachi Ltd has agreed to sell its stake of just over 50 percent back to Hitachi Kokusai at 1,870 yen per share as part of the $2.2 billion deal.

U.S. buyout fund KKR & Co LP managed a successful tender offer for Japanese semiconductor equipment maker Hitachi Kokusai Electric Inc by a razor-thin margin, winning 24.9 percent of the company, statements from the companies showed on Saturday. KKR had sought at least about 24 percent of Hitachi Kokusai at 3,132 yen each in a contentious tender offer that closed on Friday. Parent Hitachi Ltd has agreed to sell its stake of just over 50 percent back to Hitachi Kokusai at 1,870 yen per share as part of the $2.2 billion deal.

The New York private equity giant announced Friday that it took over Hyperion, a Sandvik subsidiary that specializes in materials used in the making of various manufacturing components. The purchase was made with cash from KKR's twelfth "Americas Fund," its second-biggest North American fund. The firm closed the fund earlier this year with roughly $13.9 billion reserved for "opportunistic investments." In other words, the fund is geared toward transactions across the U.S., Canada and Mexico.

The deal, which Sandvik said in a statement was worth 4 billion Swedish crowns (£352 million), signals a shift by KKR from its past focus on larger deals. "We like the industry and we think this is a neat company with lots of additional potential," Pete Stavros, the head of KKR's industrials investment team, said in a telephone interview.

Buyout firm KKR & Co LP said on Friday it had agreed to buy industrial tool components manufacturer Hyperion from Sweden's Sandvik, its first acquisition of a relatively small manufacturing company. The deal, which Sandvik said in a statement was worth 4 billion Swedish crowns ($471.6 million), signals a shift by KKR from its past focus on larger deals.

KKR today announced it is acquiring Hyperion, a leading manufacturer of industrial tool components, from Sandvik. This transaction marks KKR’s first acquisition of a middle-market business in the industrials sector and is being funded through KKR’s Americas XII Fund.

Indonesia motorbike-hailing startup Go-Jek plans to set up operations in the Philippines in early 2018, with other Southeast Asian countries to follow later that year, the company's chief technology officer said on Thursday. Go-Jek, backed by private equity firms KKR & Co LP and Warburg Pincus LLC, competes with Uber Technologies and Singapore-based Grab to lure customers in the Southeast Asian market, home to 600 million people. Ajey Gore said in an interview that "almost all Southeast Asian countries are on the radar over the next three, six to 12 months.

Global investment firm KKR today announced that an entity ultimately wholly-owned by the Abu Dhabi investment Authority for ADIA has become a significant minority shareholder in KKR India Financial Services , an alternative credit business in India.